GFI Brokers First Inter-Dealer Tranchelet

GFI Group brokered its first European inter-dealer tranchelet trade on Tuesday.

  • 17 Feb 2006
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GFI Group brokered its first European inter-dealer tranchelet trade on Tuesday. Mike Binns, an official in London, said the EUR10 million, five-year transaction was in the series four iTraxx 1-2% tranche and traded at 1090 basis points running with a 36 bps reference. He declined to name the counterparties.

Tranchelets are thin slices of the equity tranches in the credit derivatives indices (DW, 1/6). The deals have been gaining ground since credit houses began quoting two-way pricing on the instruments last month (DW, 1/20). Binns said GFI is receiving pricing support from a handful of dealers and expects to work on 0-1% and 2-3% tranches, and seven- and 10-year transactions, this month. "This market won't explode, but there is good demand," he noted.

  • 17 Feb 2006

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Jan 2017
1 Citi 22,118.13 61 9.00%
2 Barclays 20,987.41 55 8.54%
3 JPMorgan 17,406.75 53 7.08%
4 HSBC 16,333.52 48 6.64%
5 Goldman Sachs 15,454.74 49 6.29%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 17 Jan 2017
1 Commerzbank Group 114.00 1 66.16%
2 CaixaBank 37.05 1 21.50%
3 UniCredit 10.62 1 6.17%
3 BNP Paribas 10.62 1 6.17%
Subtotal 172.30 3 100.00%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 SG Corporate & Investment Banking 770.06 2 16.80%
2 Goldman Sachs 656.16 2 14.32%
3 JPMorgan 527.28 4 11.50%
4 Emirates NBD PJSC 408.38 1 8.91%
5 Deutsche Bank 321.53 3 7.01%